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South Africa’s 2025 budget introduces a VAT hike to fund essential services amid fiscal constraints and low economic growth. While it offers short-term support through pay agreements and grant extensions, …
South Africa’s 2025 Budget: Balancing Act or Lost Opportunity? Read More
South Africa’s government sold 1 billion rand in inflation-linked bonds at auction, including maturities in 2033, 2043, and 2058, totaling approximately $54.91 million. This initiative aims to address inflation concerns …
South Africa Auctions 1 Billion Rand of Inflation-Linked Bonds Read More
Nigeria is set to establish a $40 million fund for early-stage technology startups, with half from the Japan International Cooperation Agency and the rest from the Nigeria Sovereign Investment Authority. …
Nigeria Launches $40 Million Startup Seed Fund with Japan’s Support Read More
Mozambique’s dollar bond gained nearly 2 cents after the U.S. approved a $5 billion loan for a liquefied natural gas project. The 2031 bond bid rose to 80.94 cents on …
Mozambique’s Dollar Bond Increases After U.S. Approves $5 Billion LNG Loan Read More
Dr. Mohammed Amin Adam raised significant concerns about the credibility of Ghana’s 2025 Budget presented by Finance Minister Dr. Cassiel Ato Baah Forson. He criticized projections for their transparency and …
Concerns Raised Over Credibility of Ghana’s 2025 Budget: Dr. Amin Adam Read More
Dr. Cassiel Ato Baah Forson, Ghana’s Finance Minister, expressed concern over the increasing financial losses of State-Owned Enterprises (SOEs). Key companies such as ECG and Ghana Cocoa Board reported significant …
Ghana’s State-Owned Enterprises Face Significant Financial Losses Read More
The IMF has stressed the importance of balancing loan acquisition with sound economic policies in Kenya. At a recent meeting, IMF representatives reiterated their commitment to support Kenya’s growth through …
IMF Urges Kenya to Balance Loan Acquisition with Economic Policy Reforms Read More
Gold-related stocks on Bursa Malaysia surged due to rising demand for gold, driven by economic uncertainties in the US. Tomei and Poh Kong saw significant increases in share prices, and …
Surge in Gold-Related Stocks on Bursa Malaysia Driven by Economic Concerns Read More
PalmPay has partnered with AfriGO to issue over 5 million AfriGO cards aimed at improving financial inclusion in Nigeria. The collaboration focuses on enhancing payment options tailored to local needs, …
PalmPay and AfriGO Collaborate to Enhance Financial Inclusion in Nigeria Read More
Finance Minister Dr. Cassiel Ato Forson has rejected taxpayer-funded recapitalization for the Bank of Ghana, urging asset sales and expenditure cuts. He highlights the risk of sacrificing public services for …
Finance Minister Advocates for Internal Solutions Over Taxpayer Funds for BoG Recapitalization Read More